Cushman & Wakefield Arranges Major Industrial Expansion, Renewal For Food Processing Company

Cushman & Wakefield has arranged a 10-year industrial lease for Sunsof Inc at Centergate at Gratigny, located at 5821 E. 10th Ave. in Hialeah.

Cushman & Wakefield Managing Director Nicolas Palazzo led the transaction in representation of Sunsof in conjunction with colleagues Andrew Fernandez and Skylar Stein. The landlord, DWS Group, was represented by Thomas Kresse from Transwestern.

The deal is among South Florida’s largest new industrial leases for food processing groups, according to Cushman & Wakefield research.

Sunsof currently occupies 50,328 square feet and renewed and expanded for an additional 37,500 square feet for a total of 87,828 square feet.

“We’re excited to have collaborated with Sunsof in support of its continued growth,” said Palazzo. “Sunsof’s lease represents a trend in Miami where tenants are securing early, long-term renewals to be able to better predict cash flow. We’re also seeing landlords deliver above-market concessions due to rising vacancy, but, given the lack of new deliveries to hit the market and South Florida’s land constraints, we’re likely to see rents climb as economic uncertainty abates.”

Sunsof will utilize the new space for food processing and will building a 20,000-square-foot freezer to store empanadas. Sunsof has been extremely successful over the past few years given the quality of its products and anticipates creating many new jobs in the local community. The company is set to begin occupying the space in late 2025, following the completion of more than $3 million in tenant specific industrial improvements to customize the building.

Strategically located in Opa-Locka in Miami-Dade County, Sunsof’s new facility will offer excellent access to major transportation corridors including U.S. Highway 27, the Florida Turnpike, the Palmetto Expressway and Miami International Airport. The building features a wide range of modern amenities, including multiple energy efficient coolers and freezers, ESFR sprinklers, 42 dock doors, four concrete ramps and a 32-foot clear ceiling height.

 

 

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